Senior Compliance Advisor Wealth/Trust

Overview Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values. Responsibilities We are currently seeking a Senior Compliance Advisory Services Officer who will serve as the primary Compliance Department point of contact for assigned lines of business and/or regulatory topics. This individual is responsible for pro-actively advising on all applicable federal and state regulatory compliance matters pertaining to the Wealth Division of the Bank; ensuring the Corporate Compliance Program is appropriately implemented; and promoting a strong compliance culture. This role will report to the Compliance Advisory Services Manager and is part of the Compliance/Risk Management team (the “second line of defense”). This position is a senior level role that will be expected to regularly interact with stakeholders, including business management, first line Business Risk Officers, other Compliance and Risk team subject matter experts, internal legal counsel and others. This position requires someone with the following qualifications: Direct exposure to trust services, broker‑dealer oversight, private banking, and RIA models Strong federal and state regulatory knowledge applicable to the above mentioned Wealth lines of business Investments and suitability analysis Advisor compensation, referrals, conflicts and disclosure requirements Experience with regulatory exams (OCC, SEC, FINRA and state) Wealth applicable certifications such as the CRCP, CRCM, CTFA, or other certificates in Fiduciary Risk and Compliance, Trust Administration, etc… Salary Range The salary range for this position is $90,000 - $121,300 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location. Key Accountabilities Overseeing the effectiveness of the Line of Business Compliance Program: Working with the line of business to complete and maintain current compliance risk assessments. Ensuring appropriate business policies and procedures for applicable regulatory requirements. Conducting ongoing monitoring related to key compliance risks. Assessing regulatory compliance training needs for the assigned businesses, reviewing course content, and ensuring appropriate role assignments. Investigating root causes of compliance findings (issues) and compliance-related complaints to identify trends and ensuring appropriate corrective action is taken. Ensuring business process or system changes address regulatory requirements. Reporting and escalating concerns to Compliance and line of business management. Proactively work with business personnel and stakeholders to mitigate compliance risk: Serve as the regulatory compliance subject-matter-expert to the line of business for: Researching and advising on general compliance questions. Supporting the development of strategic projects and initiatives. Assessing the impact of, and helping define action plans for, implementing regulatory changes, new supervisory guidance, and industry enforcement action trends. Reviewing proposed changes to compliance related policies and procedures. Assisting the line of business in determining actions to address compliance findings. Maintain current knowledge of applicable laws, regulations, and industry trends. Evaluate changes in industry practice and legal/regulatory requirements and ensure that timely appropriate action is taken. Assist, as needed, in preparations for compliance regulatory exams and internal audits related to assigned areas. This includes gathering and reviewing of all requested information and/or assisting in responding to questions. Provide ongoing reports to the Compliance Advisory Services Manager, the assigned line of business management team and any governance committees on relevant compliance risk topics. Key Competencies for Position Culture Leadership: Communication: Effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery method(s). Collaboration: Actively seeks, develops, and maintains trusted relationships with others to achieve business goals and objectives. Execution Leadership: Drive and Execution- Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance. Problem Solving/ Decision Making- Seeks to identify what caused the issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement. Technical Knowledge- Possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise. Qualifications and Education Requirements Bachelor's degree (preferred), or equivalent work experience. Minimum of 10 years of relevant regulatory compliance experience in the Banking or related industry, with progressive responsibility. Certified Regulatory Compliance Manager (CRCM) (preferred). Strong technical understanding of applicable banking laws, federal and state regulations, and regulatory guidance as they apply to banking products, services, policies and procedures. A solid understanding of compliance risk management principles and regulatory expectations. Demonstrates conceptual thinking and analytical skills. Advanced problem-solving skills with the ability to define problems, analyze the variables and propose solutions. Strong verbal, written and presentation communication skills. Ability to create and present written reports. Strong work ethic, attention to detail, strong time management skills, works well under deadlines, ability to multi-task. Ability to build and maintain strong working relationships with business partners, teammates, and stakeholders. Required competency with Microsoft Office Suite products and general end-user computing applications. Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. #J-18808-Ljbffr Old National Bank